Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down ...

By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, March 10 (Reuters) - International oil majors Chevron and Shell are ...

The widening Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide.

The U.S. Department of Justice issued a legal opinion on Tuesday that President Donald Trump could order Sable Offshore Corp.

A ​drop in ⁠Iraq's oil production and exports is set to strain the country’s already fragile finances, as the state relies on ...

Riley Exploration Permian beats Q4 2025 oil guidance and targets 12% 2026 growth. Learn more about REPX stock and why it is a ...

The cuts signal a broader storage crisis that poses new risks to the global market.

State-owned Abu Dhabi National Oil Company (Adnoc) is cutting oil and gas production from its offshore assets, as disruption at the Strait of Hormuz continues to impact exports for key Middle East ...

Kuwait cut oil output after storage tanks filled on day 18 of the Hormuz closure. Gulf shut-ins may reach 5 million barrels per day.

The U.S., Eurozone, and Chinese manufacturing indexes all showed contraction at year-end. Weakness in manufacturing in China, the EU and the U.S. has been weighing on demand for distillates and will ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This article is more than 2 years old. CRANE, TEXAS - MARCH 12: ...

Behind America’s considerable lead in oil production, Saudi Arabia (ranked 2nd) produced 12 million B/D, accounting for about 13% of global supply. Russia came in third with 11 million B/D in 2022.